RBL Bank Inaugurates Suryoday RBL School for Children with Special Needs

Mumbai, February 27, 2024: RBL Bank as part of its CSR initiative has inaugurated ‘Suryoday RBL School’, to support education for children with special needs. Managed by Suryoday Trust, this is the first such initiative in Vasai-Nalasopara, built with a view to making the children functionally independent adults who are well-integrated into society, the officials said.

RBL Bank supported the construction of the school building and has extended help with the operating expenses for an initial period of four years. This contribution by the Bank has helped in establishing modern infrastructure for the school.

Currently, the school is operating out of 14 rented spaces in Nalasopara accommodating 50 children. With this inauguration, the school will now move to the new school building at Vasai, enhancing its coverage area and capacity to accommodate up to 100 children. Suryoday RBL School is the second institution that the Bank has supported as part of its CSR strategy of H.E.LO, which focused on supporting community-led work in the area of Health, Education and Livelihood Opportunities.

R Subramaniakumar, MD & CEO RBL Bank, said, “Every child, regardless of their abilities or challenges, deserves access to quality education and support tailored to their unique needs. This institution represents our commitment to inclusivity, providing a nurturing environment where every child can thrive and reach their full potential.”

Speaking on the occasion, Balakrishnan Natarajan, Head – CSR at RBL Bank, said the school will serve be a source of inspiration and transformation, igniting hope and paving the way for a brighter future for the students.

RBL Bank is one of India’s leading private sector banks with an expanding presence across the country. The Bank offers specialized services under five business verticals namely: Corporate Banking, Commercial Banking, Branch & Business Banking, Retail Assets and Treasury & Financial Markets Operations. It currently services over 14.97 million customers through a network of 538 branches; 1,217 business correspondent branches (of which 290 banking outlets) and 388 ATMs spread across 28 Indian states and Union Territories.